Bloomberg
• Angus Whitley
Qantas Group to Close Jetstar Asia as It Refocuses on ANZ Core Markets
Qantas Group will close Jetstar Asia, its Singapore-based low-cost carrier, by end-July, citing rising supplier costs, hefty airport fees and intense regional competition. The move forms part of a strategic restructure to concentrate on its Australia and New Zealand core markets and bolster profitability amid market headwinds.
